• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Assistant Attorney General Breuer Gets DOJ Boot In "Untouchables" Aftermath

Tyler Durden's picture




 

Earlier today, we reported that "Assistant Attorney General Admits On TV That In The US Justice Does Not Apply To The Banks" when we commented on last night's PBS special "The Untouchables." Explicitly, we said that it was "Lenny Breuer who made it very clear that when it comes to the concept of justice the banks are and always have been "more equal" than others. He does so in such shocking clarity and enthusiasm that it is a miracle that this person is still employed by the US Department of Justice." As of minutes ago that is no longer the case as his employment contract has been torn up. The WaPo reports, that Lanny A. Breuer is leaving the Justice Department "after leading the agency’s efforts to clamp down on public corruption and financial fraud at the nation’s largest banks, according to several people familiar with the matter....It is not clear when Breuer intends to leave, nor what he plans to do once he departs, but it is certain that the prosecutor’s days in office are winding down, according to people who were not authorized to speak publicly about the matter."

From WaPo:

Breuer is widely credited with aggressively going after white-collar crime in the aftermath of the crisis. He also stepped up the division’s involvement in money laundering cases, launching a series of criminal investigations that have resulted in multimillion-dollar settlements.

...

Critics have also decried Breuer’s routine use of deferred prosecution, which gives the agency the right to go after a company in the future if it fails to comply with the terms of the agreement. They say the use of such tactics amounts to a slap on the wrists of companies that have engaged in egregious behavior. Breuer, however, has argued that the agreements result in greater accountability for corporate wrongdoing.

Or none, as the case may be.

Brauer is not only known for being the bankers' lackey: his fingerprints are also all over Fast and Furious:

During Senate hearings in 2011, Breuer admitted that he failed to alert other Justice Department officials that federal agents had allowed guns to illegally flow into Mexico and onto U.S. streets between 2006 and 2007. The practice, known as “gun walking,” was also a key part of the Obama administration’s Phoenix gun trafficking operation, Fast and Furious.

 

The operation came under fire when many of the weapons later turned up at crime scenes in Mexico and the United States, including two where a U.S. Border Patrol agent was killed.

 

Several officials at the Justice Department resigned in connection with the operation, including Jason Weinstein, a deputy assistant attorney general in the criminal division. Breuer later apologized for his inaction, when the tactics first came to his attention. Sen. Charles E. Grassely (R-Iowa) called for his resignation, but Attorney General Eric H. Holder Jr. stood behind Breuer.As one of the longest-serving heads of the criminal division, Breuer’s tenure has been filled with controversy and high-profile prosecutions. He was admonished for his role in the agency’s botched attempt to infiltrate weapon-smuggling rings in the operation dubbed Fast and Furious. And he has been accused of being soft on Wall Street for failing to throw senior bank executives behind bars for their role in the financial crisis.

Either way, Brauer is gone.

And ironically it is his departure which confirms that everything that could be wrong at the US department of INjustice, is wrong.

Because, with all due respect to this banker muppet, he is merely the tiniest cog in a broken down judicial system, which works (and we obviously use the term loosely) in conjunction with the legislative and executive branches, as well as that implied fourth branch - the Federal Reserve - to further just one thing: the interests of the bankster overclass, who ever since the financial crisis have benefited to the tune of some $5 trillion, or the full amount of incurred debt that future generations of Americans will be responsible for, and yet which benefit primarily the financial oligarch right here and right now.

Fixing the unprecedented level of corruption that has gripped America will not be done with the voluntary retirement of one person who should have done more, but kept his mouth shut (for whatever selfish reasons). The system, sadly, is so rotten to the core, that only a grand reset of every social and political institution will help.

Luckily, we have the Fed for that, which courtesy of its lunatic actions is bringing this once great country every day closer to the abyss.

The good news: there is no turning back now - the entire financial system is now on crash course at a pace of $85 billion per month and accelerating.

The bad news: it will take a while before the final tide subsides for one final time as the status quo will certainly not go without a fight. A very big, and very lethal fight.

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Thu, 01/24/2013 - 07:45 | 3182090 Mr. Hudson
Mr. Hudson's picture

Do you know why "G-d" made Gentiles?

To pay retail.

Thu, 01/24/2013 - 01:40 | 3181888 Charles Wilson
Charles Wilson's picture

"Sit, Lenny, sit!  GOOD boy!

Roll over, Lenny!  That's it!

And your favorite...Play dead!

GOOD BOY!!!"

 

CW

Thu, 01/24/2013 - 02:20 | 3181931 RebelDevil
RebelDevil's picture

So Lenny gets fired for telling the truth on TV, but Aaron Swartz's procesecutor gets nothing for harrasing a young man to his death!? WTF!?

Thu, 01/24/2013 - 02:31 | 3181936 sitenine
sitenine's picture

If your kids ask when fascism arrived to the U.S., you can tell them 2008.

It's in plain sight now that the 'just us' department is owned by the 'to big to jail' banks.

So what I want to know is, what are we going to do about it?

Thu, 01/24/2013 - 03:31 | 3181943 Ham-bone
Ham-bone's picture

Not to quibble...but gotta believe fascism has been creeping in for some time.  Bush 2 admin was still likely worse than the current (amazing back to back 8yr admins of the worst lawbreakers and destroyers of our nation)...really picked up the pace of awful since '00...pretty sure they just reflect how disinterested, uninvolved, dependent, and stupid we as a nation has become.

I guess we'll just roll over and play dead(er)...

Thu, 01/24/2013 - 03:03 | 3181953 TNTARG
TNTARG's picture

Sorry. Double posted.

Thu, 01/24/2013 - 03:02 | 3181954 TNTARG
TNTARG's picture

Nothing new under the sun. We know a lot about  "Justice" in the US and all over the World and studied it properly; we've being tasting it for long. We're specialists on the subject here in South America and allow me to say, in the whole Latin America.

If the day comes (but I have less than little hope) when the US citizens put those barbarian mafia guys into their proper place (a big... Guantanamo?) and we take down all the "institutions" they and their "fellows" around the World managed to create to fuck us all, we may have some chance for peace. Otherwise we're gonna keep crowling and rolling into deep shit as always.

 

Thu, 01/24/2013 - 04:09 | 3182007 BlackSunshine
BlackSunshine's picture

Omfg....time for Bret Easton Ellis to write a book about a serial killing banker executive that eliminates all the other bansters before he gets put down, Then hope that life imitates art, or at least creates actionable inspiration. Justice is a distant memory.

Thu, 01/24/2013 - 05:36 | 3182042 Sweedumz
Sweedumz's picture
Breuer torpedoed himself on live television on Tuesday night. Amazingly the boat actually sank.

 

Thu, 01/24/2013 - 05:37 | 3182043 Sweedumz
Sweedumz's picture
Breuer torpedoed himself on live television on Tuesday night. Amazingly the boat actually sank.

 

Thu, 01/24/2013 - 06:03 | 3182058 Euro Monster
Euro Monster's picture

Fuck you Lanny! Fuck you and Bernanke too!

Thu, 01/24/2013 - 06:32 | 3182067 Dubaibanker
Dubaibanker's picture

Way to 'Go'!!!

Thu, 01/24/2013 - 07:41 | 3182089 Mr. Hudson
Mr. Hudson's picture

: "It is not clear when Breuer intends to leave"

Before he goes, he will pardon Jonathan Pollard.

Thu, 01/24/2013 - 07:58 | 3182099 CJHames
CJHames's picture

I wonder if he's being "fired" the same way the people at the State Dept were "fired" after Benghazi?

Fri, 01/25/2013 - 03:08 | 3185010 TheMerryPrankster
TheMerryPrankster's picture

You mean like the DEA agents who got the hookers for the Secret Service guys, were "fired" by being put on paid leave until they could retire with full benefits and pensions courtesy of us hardworking tax paying fools?

yeah probably, cause thats just how they  roll (OVER US)

Thu, 01/24/2013 - 09:23 | 3182174 tradewithdave
tradewithdave's picture

Nobody here but "just us" chicken prosecutors... bwock... bwock 

 

http://tradewithdave.com/?p=15041

Thu, 01/24/2013 - 09:57 | 3182254 overmedicatedun...
overmedicatedundersexed's picture

all the AG's all the judges all the doj/sec lawyers fbi and other  law enforcement ...there are good people who turn a blind eye, they enable evil for a pension and graft, such is the human condition. military/cia stand by and in some cases support the biggest crime in our history, some are good people who choose to turn a blind eye,,to all of you fuck you fuck you kill your worthless self. for taking the easy out.

Thu, 01/24/2013 - 09:43 | 3182212 jplotinus
jplotinus's picture

As nearly as I can tell, msm is not giving a very high profile to Breuer's resignation, let alone legs on the story concerning the obvious need to prosecute bankers for their fraud.

Energetic moving out on this is needed.

Sat, 01/26/2013 - 15:40 | 3187984 resurger
resurger's picture

+5

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